YOUR PATH TO AFFORDABLE HOMEOWNERSHIP
FINANCING SPECIALTIES
Welcome to Phoenix Financials’ comprehensive financing services designed to support mobile home community owners and investors.
We understand the financial complexities of community development and offer flexible financing solutions tailored to your needs. Whether you’re looking to facilitate lease-to-own arrangements or embark on land development projects, our expertise and support empower you to achieve your goals efficiently and effectively.
OWNER-TO-OWNER Financing
Phoenix Financials Owner-to-Owner financing option is designed to provide accessible homeownership opportunities for individuals who may be denied traditional financing. We offer flexible terms and tailored agreements that allow residents to transition from renting to owning their mobile homes. This empowering solution not only benefits residents by enabling them to build equity but also supports community owners in filling homes and enhancing community stability. With Phoenix Financial, we make homeownership achievable, one lease at a time.
How it works
After you make an agreement with us to finance the home, we put the title in your name and Phoenix is then listed as a lien holder. Once you pay off the home, we’re removed and you own the house free and clear.
Very simply, this is how our program works.
20% Down payment on the home
- 6% Origination fee
- 20% Interest
- 5 – 7 Year loan
EXAMPLE: “$50,000 Home Purchase”
- 20% down payment = $10,000
- $40,000 loan
- 6% origination fee = $2,400
- Total Loan = $42,400
- 20% Interest Rate @
- 5 years = $1,123.34
20% Interest Rate @ 7 years = $941.54
Land Development Financing
We conduct in-depth risk assessments to understand your risk appetite and tolerance. Our investment advisor then designs an investment strategy that mitigates risks while aiming for optimal returns. We continually monitor your portfolio to adapt to changing market conditions and keep risks in check.
